Retail & Commercial

A few hours into Apple Pay's Oct. 20 launch, Apple CEO Tim Cook promised the company was not looking to exploit its payments data.

Community Bank System in Syracuse, N.Y., reported higher earnings from a year earlier, as strong returns from investment services helped it overcome the cost of a legal settlement.

Housing and Urban Development Secretary Julian Castro challenged lenders to make more mortgages, saying the credit pendulum has swung too far on the side of caution.

ServisFirst Bancshares in Birmingham, Ala., has agreed to buy Metro Bancshares in Atlanta.

BNC Bancorp in High Point, N.C., increased profits by nearly two-thirds thanks to higher net interest income and other factors.

Concerns still remain among community bankers that examiners could push individual community banks to undergo stress tests, even if the agencies refuse to make it mandatory.

WASHINGTON — The Consumer Financial Protection Bureau finalized a rule Monday that will allow institutions that limit the amount of customer data they share to post annual privacy notices online rather than by paper delivery.

Enterprise Financial wants to show that mortgages made to legal immigrants who have taxpayer ID numbers are actually safe credit risks, and it is testing the philosophy at a branch in Kansas City, Kan.

PL Capital, upset that Metro Bancorp refuses to sell itself, has launched a proxy battle to gain two board seats at the Harrisburg, Pa., company.

The $1.5 billion-asset company disclosed in a regulatory filing Monday that Kathryn Pemble had become its Florida market president.